Anthony Petrello is a Canadian based businessperson and the Chief Executive Officer of Nabors Industries Ltd. Besides his operating functions, Anthony issues tactical planning measures and guides allowing the industry to adjust and succeed in the current highly changing competitive environment.
Also, Petrello works as the director of Hilcorp Energy Company and Chairman of Stewart and Stevenson LLC. In 1979, Petrello joined the law firm Baker and McKenzie where he focused on general corporate law, taxation, and international arbitration until 1991. Additionally, he worked as a Managing Partner of the company in New York from 1986 to 1991 when he resigned.
Petrello joined Nabors Industries in 1991 after his resignation from Baker and McKenzie law firm. In the same year, he became the Chief Operating Officer and operated until October 2011 when he became the Chief Executive Officer. In 2003, he became the deputy chairman of the company. After serving the business so many years, In June 2012, Anthony became the Chairman of the Executive Committee of the Board.
As of 2015, Anthony Petrello’s compensation had increased from $14.8 million in 2014 to $27.7 million. Out of the $27.7 million, he received $7,727,000 as bonus, $16,863,656 as stock, 1,580,077 as salary, and $1,342,206 from other various kinds of compensation.
In the piece that Lloyd Grove (former Anthony’s roommate at college) wrote about Anthony, he described him as a thin scholarship boy from Newark with a broad Jersey accent. Besides, he wrote that Anthony Petrello was an Italian-American who was very fond of pizza. Anthony was a socialize, and liked joking about his family. As stated by Lloyd, Anthony was very brilliant in Mathematics and was the favorite student of Prof. Serge Lang (A famous world class mathematician).
Anthony holds a Bachelor of Science degree in Mathematics from Yale University. He is also a graduate of Harvard Law School acquiring a Juris Doctor degree.